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> but provided it isn't runaway levels that wreck an economy, I'm not even sure who it hurts. It gives governments a tool to erode its liabilities while contin
by danuker 5y ago
> but provided it isn't runaway levels that wreck an economy, I'm not even sure who it hurts.
It gives governments a tool to erode its liabilities while continuing to spend irresponsibly.
This hurts everyone not willing or able to take cheap credit.